Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Get Free Report)’s share price traded up 4.2% on Wednesday. The stock traded as high as $7.92 and last traded at $7.70. Approximately 240,011 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 169,990 shares. The stock had previously closed at $7.39.
Direxion Daily HOOD Bull 2X ETF Stock Up 4.2%
The stock has a fifty day moving average of $12.26 and a two-hundred day moving average of $10.72.
Direxion Daily HOOD Bull 2X ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were paid a $0.0356 dividend. The ex-dividend date of this dividend was Tuesday, September 22nd. This is a negative change from Direxion Daily HOOD Bull 2X ETF’s previous quarterly dividend of $0.0578. This represents a $0.14 annualized dividend and a dividend yield of 1.8%.
Hedge Funds Weigh In On Direxion Daily HOOD Bull 2X ETF
A hedge fund recently bought a new stake in Direxion Daily HOOD Bull 2X ETF stock. StoneX Group Inc. bought a new stake in Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,653 shares of the company’s stock, valued at approximately $342,000. StoneX Group Inc. owned about 2.57% of Direxion Daily HOOD Bull 2X ETF at the end of the most recent reporting period.
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